CVS Caremark

CVS Caremark (formerly CVS) is the largest drugstore chain in the U.S. in terms of number of stores and prescription sales, but second to Walgreen in terms of total store sales. CVS fills over one billion prescriptions a year and gets most of its revenue from this. It operates 6,200 stores in 40 states. CVS recently purchased prescription benefits management company Caremark Rx for $26.5 billion. In 2005, CVS took over 1,200 Eckerd drugstores mainly in the higher growth Sunbelt markets of Florida and Texas. In 2007 CVS finished taking over 700 Sav-on and Osco drugstores mainly in southern California, all getting the CVS name.

Political contributions
CVS Caremark gave $450,700 to federal candidates in the 2006 election through two political action committees - 42% to Democrats and 57% to Republicans.

Lobbying
In 2006, CVS Caremark total lobbying expenses were $985,189. CVS used two lobbying firms: Blackwell, Sanders et al and Capitol Alliance. Caremark used three lobbying firms: Alston & Bird, Bockorny Group, and Ernst & Young.

Personnel
Selected board members:
 * Edwin M. Banks, Founder of Washington Corner Capital Management, L.L.C.
 * C. David Brown II, Chairman of the Board of Broad and Cassel, a Florida law firm
 * Edwin M. Crawford, Chairman of the Board of CVS Caremark Corporation

Contact details
One CVS Dr. Woonsocket, RI 02895 Phone: 401-765-1500 Fax: 401-762-9227 Web: http://www.cvs.com